| Date: |
28-06-2017
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| Notification No: |
Notification No. 10/2017 - Central Tax (Rate)
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| Issuing Authority: |
GST
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| Type: |
Central Tax (Rate)
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| File No: |
F. No.354/117/2017-TRU |
| Subject: |
CGST exemption for dealers operating under Margin Scheme notified under section 11 (1)
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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 10/2017-Central Tax (Rate)
New Delhi, the 28th June, 2017
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of
section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the
Central Government, on being satisfied that it is necessary in the public
interest so to do, on the recommendations of the Council, hereby exempts
intra-State supplies of second hand goods received by a registered person,
dealing in buying and selling of second hand goods and who pays the central tax
on the value of outward supply of such second hand goods as determined under
sub-rule (5) of rule 32 of the Central Goods and Services tax Rules, 2017, from
any supplier, who is not registered, from the whole of the central tax leviable
thereon under sub-section (4) of section 9 of the Central Good and Services Tax
Act, 2017 (12 of 2017).
2. This notification shall come into force with effect from the 1st day of
July, 2017.
(Mohit Tewari)
Under Secretary to the Government of India
[F.
No.354/117/2017-TRU]
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